West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-32 - Long-Term Care Insurance
Section 114-32-32 - Requirement to Deliver Shopper's Guide
Universal Citation: 114 WV Code of State Rules 114-32-32
Current through Register Vol. XLI, No. 38, September 20, 2024
32.1. A long-term care insurance shopper's guide in the format developed by the National Association of Insurance Commissioners, or a guide developed or approved by the Commissioner, shall be provided to all prospective applicants of a long-term care insurance policy or certificate.
32.1.a. In the
case of t producer solicitations, a producer must deliver the shopper's guide prior
to the presentation of an application or enrollment form.
32.1.b. In the case of direct response
solicitation, the shopper's guide must be presented in conjunction with any
application or enrollment form.
32.2. Life insurance policies or riders containing accelerated long-term care benefits are not required to furnish the above-referenced guide, but shall furnish the policy summary required under W. Va. Code § 33-15A-6.
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